Argo Blockchain (ARBK) Operating Expenses (2021 - 2024)
Argo Blockchain (ARBK) posted Operating Expenses of -$4.5 million for Q2 2025, down 56.46% sequentially from -$2.9 million in Q3 2024, and up 22.67% YoY from -$3.7 million in Q2 2024.
Argo Blockchain (ARBK) Operating Expenses (2021 - 2024) Analysis & Trends
Argo Blockchain (ARBK) has 5 years of Operating Expenses data on file, last reported at -$4.5 million in Q2 2025.
- Quarterly Operating Expenses rose 22.67% year-over-year to -$4.5 million in Q2 2025, while the trailing twelve-month figure through Dec 2025 was -$7.4 million (up 37.77% YoY) and the FY2025 annual result came in at $11.0 million, down 11.85% from the prior year.
- Operating Expenses fell to -$4.5 million in Q2 2025 per ARBK's latest filing, from -$2.9 million in the prior quarter.
- The five-year high for Operating Expenses was $12.0 million in Q4 2021, with the low at -$21.3 million in Q4 2022.
- Average Operating Expenses over 5 years is -$5.0 million, with a median of -$3.9 million recorded in 2022.
- Year-over-year, Operating Expenses plunged 277.8% in 2022 and surged 102.4% in 2023.
- Argo Blockchain's Operating Expenses stood at $12.0 million in 2021, then sank by 277.8% to -$21.3 million in 2022, then surged by 102.4% to $511000.0 in 2023, then plunged by 661.84% to -$2.9 million in 2024, then tumbled by 56.46% to -$4.5 million in 2025.
- Business Quant data shows ARBK's Operating Expenses at -$4.5 million in Q2 2025, -$2.9 million in Q3 2024, and -$5.8 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 656.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 4.45 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 330.51 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 242.35 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 81.75 Mn |
| 10 | Argo Blockchain | 7.99 Bn | 7.98 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -2.87 Mn |
| Jun 30, 2024 | -5.81 Mn |
| Mar 31, 2024 | -3.15 Mn |
| Sep 30, 2023 | -3.08 Mn |
| Jun 30, 2023 | -7.86 Mn |
| Mar 31, 2023 | -3.56 Mn |
| Dec 31, 2022 | -21.30 Mn |
| Sep 30, 2022 | -11.54 Mn |
| Jun 30, 2022 | -11.65 Mn |
| Mar 31, 2022 | -4.17 Mn |
| Dec 31, 2021 | 11.98 Mn |
| Jun 30, 2021 | -3.20 Mn |